When Litecoin was recently around $80 investors were like, “why didn’t I buy more around $50?!?!?” Well, now is the chance. It is true that several
As Bitcoin mining difficulty and hashrate hit new highs, squeezed between the virus outbreak and new-generation rigs, less efficient miners may be out of business.
Litecoin (LTC), the cryptocurrency created by Charlie Lee as a near-identical copy of bitcoin (BTC) in 2011, is once again gaining interest from investors as the price bounced off a key technical support level, while developers reveal that a testnet with new privacy features can be expected by the end of the summer.
Burkett believes ‘it’s finally time to commit to the first major event’. He also shares that he is aiming to achieve a MW testnet launch by the end of summer, which will include ‘all block & tx validation rules, basic p2p messaging, transaction pool, syncing, and the ability to mine blocks’. Burkett is clear that this ‘will NOT include a usable GUI wallet for casual users to test it out’ and that ‘transactions will likely need to be created manually at first, or via a cli or automated tool’.
Litecoin (LTC), the seventh-largest cryptocurrency by market cap, can now be withdrawn in Korean Won (KRW) at over 13,000
Litecoin developer revealed that Mimblewimble development has already begun and developers are working to implement it on the network.
New development plans to implement the MimbleWimble protocol on Litecoin, allowing users to opt-in to privacy-preserving transactions.
The founder of Messari accuses Ripple, Ethereum, Binance and other top ten crypto teams of low transparency level and urges them to deal with that issue, CZ responds
A product developer witnesses Litecoin network activity that reminds him of the Aug. 10 dust attack on the network.
This is the future of most, if not all, proof of work currencies with a supply cap. Simple economics – the consensus mechanism simply wastes too much energy and value, and users aren’t willing to pay that entire cost themselves once it’s not subsidized by inflation.